taxes Property Tax Assistance

2023 ISD Summary Worksheet

152-Lubbock/Lubbock County

152-902/New Deal ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 139,295,871 0.9320 149,459,089 139,295,871
B - MULTIFAMILY 841,098 N/A 841,098 841,098
C1 - VACANT LOTS 5,888,095 N/A 5,888,095 5,888,095
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,559,610 0.7018 17,895,450 12,559,610
D2 - FARM & RANCH IMP 860,965 N/A 860,965 860,965
E - NON-AG LAND AND IMPROVEMENTS 92,208,095 0.7142 129,106,826 92,208,095
F1 - COMMERCIAL REAL 32,018,091 1.0133 31,597,840 32,018,091
F2 - INDUSTRIAL REAL 92,417,749 N/A 92,417,749 92,417,749
G - ALL MINERALS 21,773,800 1.0085 21,590,283 21,773,800
J - ALL UTILITIES 24,972,244 0.9711 25,715,420 24,972,244
L1 - COMMERCIAL PERSONAL 85,313,566 1.0013 85,202,802 85,313,566
L2 - INDUSTRIAL PERSONAL 168,996,574 N/A 168,996,574 168,996,574
M1 - MOBILE HOMES 3,936,863 N/A 3,936,863 3,936,863
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 344,831 N/A 344,831 344,831
Subtotal 681,427,452 0 733,853,885 681,427,452
Less Total Deductions 170,446,262 0 175,646,215 170,446,262
Total Taxable Value 510,981,190 0 558,207,670 510,981,190

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 535,033,780 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 510,981,190 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 535,033,780 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 510,981,190 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 548,578,780 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 557,608,780 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 514,086,506 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 535,033,780 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 510,981,190 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 535,033,780 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 510,981,190 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 548,578,780 T13 plus the loss to the chapter 313 agreement
T16 557,608,780 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 514,086,506 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,052,590 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,030,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

152-902-02/New Deal ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 139,295,871 0.9320 149,459,089 139,295,871
B - MULTIFAMILY 841,098 N/A 841,098 841,098
C1 - VACANT LOTS 5,888,095 N/A 5,888,095 5,888,095
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,559,610 0.7018 17,895,450 12,559,610
D2 - FARM & RANCH IMP 860,965 N/A 860,965 860,965
E - NON-AG LAND AND IMPROVEMENTS 92,208,095 0.7142 129,106,826 92,208,095
F1 - COMMERCIAL REAL 32,018,091 1.0133 31,597,840 32,018,091
F2 - INDUSTRIAL REAL 92,417,749 N/A 92,417,749 92,417,749
G - ALL MINERALS 21,773,800 1.0085 21,590,283 21,773,800
J - ALL UTILITIES 24,972,244 0.9711 25,715,420 24,972,244
L1 - COMMERCIAL PERSONAL 85,313,566 1.0013 85,202,802 85,313,566
L2 - INDUSTRIAL PERSONAL 168,996,574 N/A 168,996,574 168,996,574
M1 - MOBILE HOMES 3,936,863 N/A 3,936,863 3,936,863
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 344,831 N/A 344,831 344,831
Subtotal 681,427,452 733,853,885 681,427,452
Less Total Deductions 170,446,262 175,646,215 170,446,262
Total Taxable Value 510,981,190 558,207,670 510,981,190

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 535,033,780 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 510,981,190 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 535,033,780 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 510,981,190 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 548,578,780 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 557,608,780 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 514,086,506 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 535,033,780 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 510,981,190 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 535,033,780 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 510,981,190 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 548,578,780 T13 plus the loss to the chapter 313 agreement
T16 557,608,780 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 514,086,506 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,052,590 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,545,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,030,000 Loss to Second Previous Homestead Increase